Coin Cloud will install crypto ATMs in the largest supermarkets in Texas
Texas grocery giant H-E-B has confirmed the news that crypto ATMs will be placed in their stores.
Texas has repeatedly featured in news headlines as one of the most crypto-loyal states in America. Primarily due to the presence of a generous energy system based on renewable energy sources, it has already attracted the attention of millions of miners from around the world. Now it has come to supermarkets, in which, in addition to products, everyone can make a deposit or convert part of their crypto investments into fiat.
Coin Cloud crypto ATM company announced that it will install its devices on the H-E-B network as part of its global expansion. The team also announced that as part of the program, it will install the 2000th machine, adding over 750 crypto ATMs to the “piggy bank” in just the last six months.
The ATMs will offer clients access to more than 30 crypto assets, including BTC, ETH, LTC, several USD-backed stablecoins, as well as tokens of various DeFi projects. According to H-E-B representatives from San Antonio, the pilot installation program covers 29 stores in Houston.
The Coin Cloud CEO said he hopes that over time, retailers will shift more conscious of how fundamental cryptocurrency will play in the future, starting to integrate it into their businesses even more often.
Digital currency ATMs will give a beneficial help in a world where the banking giants continue to prevent some transactions involving cryptocurrencies. In addition, they provide the proper level of anonymity for transactions up to 500, allowing potential traders to buy and sell digital currencies without needing to register on the exchange and go through dreary KYC checks.